Research Paper
Year: 2019 | Month: January | Volume: 6 | Issue: 1 | Pages: 190-201
Analysis of Factors That Affect the Timeliness of Submission of the Financial Statements on Transportation Companies in Indonesia Stock Exchange
Erliza Surachyati1 , Erwin Abubakar2, Murni Daulay2
1Postgraduate Students at University of North Sumatra, Indonesia
2Postgraduate Lecturer at University of North Sumatra, Indonesia
Corresponding Author: Erliza Surachyati
ABSTRACT
The objective of the research was to find out and to analyze the influence profitability, leverage, liquidity, company size, auditor opinion and and KAP reputation partially on the timeliness of the submission of financial statements to transportation companies listed on the Indonesia Stock Exchange. The population in this study were 30 transportation companies listed in the Indonesia Stock Exchange in the period of 2011-2015. Samples were selected using saturated samples where all populations were included as samples. Data were processed using logistic regression test at a significance level of 5 percent using SPSS. The results of the study found empirical evidence that the variables of profitability, liquidity and auditor opinion affect the timeliness of the submission of financial statements. while the leverage variable, company size and KAP reputation do not have a significant effect on the timeliness of the submission of financial statements.
Key words: Profitability, leverage, liquidity, company size, auditor opinion, reputation of KAP, financial ratios, timeliness of submission of financial statements.
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